Home Insight FUNDING NEWS- Newly Funded Startups 2024 Interior Designing Startup Prolance raises $2 mn Funding

[Funding alert] Interior Designing Startup Prolance raises $2 mn Funding

Interior Designing Startup Prolance
Interior Designing SaaS Startup Prolance has raised $2 million (INR 16 Cr) in its Pre-Series A funding round from Foundamental and Axilor.

Interior Designing SaaS Startup Prolance has raised $2 million (INR 16 Cr) in its Pre-Series A funding round from Foundamental and Axilor. 

The round also saw participation from Arali Ventures and Force Ventures.

The startup plans to use the funds to expand its geographic footprint across India and widen offerings.

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The Bangalore Prolance was founded in 2020 by Rama Harinath K, Vivek Parasuram, Raghunath Gururajan, Jaisimha Sathyanarayana, and Manoj K, It helps interior design companies automate construction tasks ranging from quotation to Computer Numerical Control (CNC) file creation.

Primarily it provides services to interior designers and design firms, architects, contractors, material suppliers and panel processing factories.

The startup also serves as a platform for procurement of interior design building materials and cloud creation of projects.

“Prolance started with the mission to transform the interior design industry through technology, and our goal is to become the operating system for the Interior industry. Our growth in the last two years, along with near-universal appreciation from our clients is a testament to the strengths of our SaaS-based marketplace for interior design professionals”, said, Rama Harinath K, cofounder & CEO, Prolance.

The startup has worked with leading interior designing firms such as Godrej Interio, SquareYards, Landmark, Pepperfry and NoBroker.

It claims that over 1000 small internal companies are currently using its platform.

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“Prolance is looking to automate the fragmented and highly complex $60 Bn interior design market in India. The team comes in with in-depth experience in the space, which gives them a unique advantage on product, distribution, and value addition to customers via its cloud manufacturing platform,” said, Nandan Venkatachalam, principal and B2B Lead at Axilor.

About Prolance

Prolance is a B2B SaaS based marketplace for the interior industry. It has been built by industry veterans with 100+ years of experience in the residential interiors industry.

They are on a mission to make the design process simple, accurate and effortless.

Their platform simplifies the process of executing interior projects through automation and aggregation, thus eliminating errors, cost escalations and ensuring predictability for everyone in the interior business.

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